Some optimist want to by 500k shares at 1.00

If you look at the results and profits before exceptional items compared to last year it shows that the profits grew by ksh.14 million.
The company also needs to be active in the stock market to increase the returns and not solely rely on government securities with interest rates now falling.

I tend to disagree if played well bonds give an oppurtunity for some nice returns especially as interest falls...stocks on the other hand are a high risk though also have the element of high return...they should pick some mid-term maturity bonds and trade them when the rates are low kabisa...thats where we are heading.
Late 2010 early 2011 a ten year bond was trading at 2%...

NAV KES 2.07
Trailing EPS 0.27

At yesterday’s VWAP of KES 3.90
P/B 1.88 (most expensive in the industry; industry average 1.3)
P/E 14.44 (most expensive in the industry; industry average 4.4)

Better prospects expected in H2.

I see finally the chicken have come home to roost. Where is one @yaserbigchair. I whinged here how the stock was grossly overpriced and some addicts wondered what I was saying. Ok for those who know insurance, you know very well there are two big months in an insurance year, january and July. January is typically very big, july is for those well wired wire to the parastatals and government agencies. Last time I checked CIC wasn't a very big player in July but has quite some punch in January!...let's see how the market moves going forward.

All the profit growth erosion was due to the new Medical Business line. They doubled their medical premiums starting July. lets see if they can stem that.

Anybody with the recently released Insurance Industry 2011 Annual Report? AKI have not yet posted it on their web

I said it before, the most i can pay for this stock is 2.50. During listing it sounded ridiculous but now im sure more would agree.

Go Buy Panafric.